Electrosurgery Market by Product (Instruments (Bipolar, Monopolar), Accessories, Generators, Smoke Evacuation Systems), Surgery (General, Orthopedic, Urologic, Cosmetic, Neurology), End User (Hospitals, Ambulatory Center) - Global Forecast to 2027
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The global electrosurgery market in terms of revenue was estimated to be worth $6.2 billion in 2022 and is poised to reach $8.3 billion by 2027, growing at a CAGR of 6.0% from 2022 to 2027. The growth of this market is mainly driven by factors such as the growing prevalence of chronic diseases, the increasing demand for minimally invasive procedures, innovation and technological advancements in electrosurgical instruments, the increasing number of hospitals (coupled with the increasing number of surgical procedures), and the shifting preference towards outpatient surgeries in developed regions. On the other hand, the risks associated with electrosurgical procedures, the stringent regulatory framework, and the shortage of surgeons are some of the factors expected to restrain market growth during the forecast period.
Global Electrosurgery Market Trends
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Electrosurgery Market Dynamics
Driver: Increasing demand for minimally invasive surgery
In the last decade, there has been a significant increase in the preference for minimally invasive and non-invasive surgical procedures over traditional surgical procedures. Minimally invasive surgeries offer several benefits over open surgical procedures, such as shorter hospitalisation times, reduced post-operative complications, faster recovery times, higher efficacy, and reduced pain. These procedures are also more economical than traditional surgical procedures. Laser and electrosurgical technologies are increasingly being preferred over conventional surgical procedures for the treatment of several conditions, such as liver cancer, cardiac valve disorders, ophthalmic disorders, and spine surgeries. This can primarily be attributed to their procedural benefits over conventional surgery.
Several advantages of laparoscopic surgeries (minimally invasive surgeries), such as reduced surgical risks, less pain and blood loss, a lower risk of infection, and a shorter post-operative recovery period (leading to reduced hospital stays and costs), are resulting in the growing adoption of these procedures among patients. Various types of surgeries, such as cosmetic, cardiovascular, and gynaecological procedures, require precision and are time-sensitive. Electrosurgery devices such as generators and active electrodes make it easier and less time-consuming to perform such surgeries, thereby driving their demand.
Restraint: Risks associated with electrosurgical procedures
In electrosurgical procedures, high-frequency electrical currents are used for the purpose of cutting and coagulating the tissue. The heat produced by the electrosurgical generator may result in electric shocks, thermal burns, the generation of toxic gases, smoke inhalation, and infection transition in patients or users. For instance, according to Encision Inc. (US), every 90 minutes, a patient in the US sustains burns during laparoscopic surgery. In addition, electrosurgical treatment of patients implanted with cardiac pacemakers and defibrillators can cause the failure of implanted cardiac devices. There is a high risk of contamination with electrosurgery if proper measures are not taken during the procedure. These factors are expected to restrain the growth of the electrosurgery market.
Opportunity: Rising government funding to develop advanced medical treatments
The major focus of government bodies on improving healthcare infrastructure, including critical care infrastructure, in their respective healthcare systems is expected to support the growth of allied markets, including the electrosurgery market.
Government bodies in many developed countries are taking initiatives to improve their existing healthcare systems by increasing healthcare investments in building better infrastructure and making healthcare services more affordable. Listed below are examples of such government initiatives:
- According to the National Health Expenditure Projections (2015–2025), health expenditure in the US is expected to grow at an average rate of 5.8% from 2015 to 2025. The total number of staffed hospital beds in the country has also increased to 931,203.
- According to Statistisches Bundesamt (Destatis), the healthcare expenditure in Germany increased by 4.0% from USD 422.88 billion (EUR 374.2 billion) in 2017 to USD 446.76 billion (EUR 390.6 billion) in 2018, largely due to the third Act to strengthen long-term care that entered into force in January 2017. Healthcare in Germany is funded by a statutory contribution system, ensuring free care through health insurance funds. Statutory health insurance is mandatory for all individuals who earn less than USD 67,941.2 (EUR 59,400) per year.
Challenge: Concerns regarding toxic fumes produced during surgical procedures
Surgical smoke is produced by the thermal destruction of tissue by the use of lasers or electrosurgical devices. Not only is surgical smoke a nuisance because it has a repulsive odour and can obstruct the surgeon's view of the surgical site, but it has also been shown to contain toxic gases, vapors, particulates, viable and non-viable cellular material, viruses, and bacteria. Transmission of human papillomavirus (HPV) through surgical smoke from lasers has been documented. Over half a million healthcare workers, including surgeons, nurses, and surgical technologists, are exposed to surgical smoke each year. The acute health effects of exposure to surgical smoke include eye, nose, and throat irritation; headache; cough; nasal congestion; asthma; and asthma-like symptoms. However, inventions like smoke evacuation pencils and systems are expected to address this challenge.
In 2021, the Electrosurgical Instruments segment will hold the largest share of the electrosurgery market.
The electrosurgery market is segmented into electrosurgical generators, electrosurgical instruments, electrosurgical accessories, and smoke evacuation systems. The electrosurgical instruments segment accounted for the largest share of the global market in 2021. The large share of this segment can be attributed to the high usage volume of disposable and reusable electrosurgical instruments.
The General Surgery segment dominates the electrosurgery market by surgery type.
The electrosurgery market is segmented into general surgery, obstetric/gynecological surgery, urological surgery, orthopedic surgery, cardiovascular surgery, cosmetic surgery, neurosurgery, oncological surgery, and other surgeries. In 2021, the general surgery segment accounted for the largest share of the global market. Factors such as the growing geriatric population, increasing number of surgical centers, and developing healthcare infrastructure in emerging countries are stimulating the growth of the electrosurgical devices market for general surgery.
Hospitals, clinics, and ablation centres will control the majority of the electrosurgery market in 2021.
Based on end user, the electrosurgery market is segmented into hospitals, clinics, and ablation centers; ambulatory surgical centers; and research laboratories and academic institutes. The hospitals, clinics, and ablation centers segment accounted for the largest market share in 2021. The large share of this segment can be attributed to the large number of electrosurgery procedures performed in hospitals, and the growing adoption of minimally invasive procedures.
In 2021, North America held the largest share of the electrosurgery market.
The electrosurgery market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa based on the region type. North America accounted for the largest share of the global market. The growing prevalence of chronic diseases; increasing demand for minimally invasive procedures; technological advancements in electrosurgical instruments; increasing number of hospitals, clinics, and ambulatory surgical centers; and the shifting preference toward outpatient surgeries are the key drivers propelling the growth of the North American market.
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Key players in the electrosurgery market are adopting several organic and inorganic growth strategies (such as product launches, agreements, collaborations, acquisitions, and expansions). Some major players in this market are Medtronic plc (Ireland), Ethicon, Inc. (a subsidiary of Johnson & Johnson, US), Olympus Corporation (Japan), B. Braun Melsungen AG (Germany), CONMED Corporation (US), Boston Scientific (US), Smith and Nephew Plc (UK), Erbe Elektromedizin GmbH (Germany), KLS Martin (Germany), BOWA-electronic GmbH & Co. KG (Germany), The Cooper Companies, Inc. (US), Kirwan Surgical Products LLC (US), Zimmer Biomet Holdings, Inc. (US), and Utah Medical Products Inc. (US).
Electrosurgery Market Report Scope
|
Report Metric |
Details |
|
Market Revenue in 2022 |
$6.2 billion |
|
Estimated Value by 2027 |
$8.3 billion |
|
Growth Rate |
Poised to grow at a CAGR of 6.0% |
|
Segments Covered |
By product, Surgery Type, End User, and Region |
The research report electrosurgery market into the following segments and sub-segments:
By Product
-
Electrosurgical Instruments
- Electrosurgical Generators
- Electrosurgical Accessories
- Smoke Evacuation Systems
By Surgery
- General Surgery
- Obstetric/Gynecological Surgery
- Orthopedic Surgery
- Cardiovascular Surgery
- Oncological Surgery
- Cosmetic Surgery
- Urological Surgery
- NeuroSurgery
- Other Surgeries
By End User
- Hospitals, Clinics, and Ablation Centers
- Ambulatory Surgical Centers
- Research Laboratories and Academic Institutes
By Country
-
North America
- US
- Canada
-
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
-
Latin America
- Brazil
- Mexico
- Rest of LATAM
- Middle East & Africa
Recent Developments:
- In April 2022, Ethicon, Inc. (US) (J&J) launched an electrosurgical generator for use in a wide variety of open and laparoscopic procedures. It is a microprocessor-controlled, isolated output, high-frequency generator with the ability to facilitate both monopolar cutting and coagulation as well as bipolar coagulation through an accessory electrode.
- In May 2022, collaboration between Medtronic (Ireland) and DaVita Inc. (US) aimed at the formation of a new, independent kidney care-focused medical device company ("NewCo" or "the Company") to enhance patient treatment experience and improve overall outcomes.
Frequently Asked Questions (FAQs):
What is the projected market value of the global electrosurgery market?
The global market of electrosurgery is projected to reach USD 8.3 Billion.
What is the estimated growth rate (CAGR) of the global electrosurgery market for the next five years?
The global electrosurgery market is projected to grow at a Compound Annual Growth Rate (CAGR) of 6.0 % from 2022 to 2027.
What are the major revenue pockets in the electrosurgery market currently?
North America accounted for the largest share of the global market. The growing prevalence of chronic diseases; increasing demand for minimally invasive procedures; technological advancements in electrosurgical instruments; increasing number of hospitals, clinics, and ambulatory surgical centers; and the shifting preference toward outpatient surgeries are the key drivers propelling the growth of the North American market.
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 36)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 ELECTROSURGERY MARKET SEGMENTATION
1.3.2 MARKETS COVERED – BY REGION
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 STANDARD CURRENCY CONVERSION RATES
1.5 LIMITATIONS
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 42)
2.1 RESEARCH APPROACH
2.2 RESEARCH METHODOLOGY DESIGN
FIGURE 2 ELECTROSURGERY MARKET: RESEARCH DESIGN
2.2.1 SECONDARY RESEARCH
2.2.1.1 Key data from secondary sources
2.2.2 PRIMARY DATA
FIGURE 3 PRIMARY SOURCES
2.2.2.1 Key data from primary sources
2.2.2.2 Insights from primary experts
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND DEMAND-SIDE PARTICIPANTS
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.3 MARKET SIZE ESTIMATION: ELECTROSURGERY MARKET
FIGURE 6 SUPPLY-SIDE MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS
FIGURE 7 SUPPLY-SIDE MARKET SIZE ESTIMATION: GLOBAL MARKET (2021)
FIGURE 8 BOTTOM-UP APPROACH
FIGURE 9 GLOBAL MARKET: SURGERY TYPE-BASED ESTIMATION
FIGURE 10 TOP-DOWN APPROACH
FIGURE 11 CAGR PROJECTIONS FROM ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
FIGURE 12 CAGR PROJECTIONS: SUPPLY-SIDE ANALYSIS
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 13 DATA TRIANGULATION METHODOLOGY
2.5 MARKET SHARE ESTIMATION
2.6 ASSUMPTIONS
2.7 RISK ASSESSMENT
TABLE 2 LIMITATIONS & ASSOCIATED RISKS
3 EXECUTIVE SUMMARY (Page No. - 58)
FIGURE 14 ELECTROSURGERY MARKET, BY PRODUCT, 2022 VS. 2027 (USD MILLION)
FIGURE 15 ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)
FIGURE 16 BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)
FIGURE 17 MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)
FIGURE 18 GLOBAL MARKET, BY SURGERY TYPE, 2022 VS. 2027 (USD MILLION)
FIGURE 19 GLOBAL MARKET, BY END USER, 2022 VS. 2027 (USD MILLION)
FIGURE 20 REGIONAL SNAPSHOT: GLOBAL MARKET
4 PREMIUM INSIGHTS (Page No. - 65)
4.1 ELECTROSURGERY MARKET OVERVIEW
FIGURE 21 GROWING NUMBER OF SURGERIES PERFORMED WORLDWIDE TO DRIVE MARKET GROWTH
4.2 REGIONAL MIX: GLOBAL MARKET
FIGURE 22 ASIA PACIFIC MARKET TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.3 ASIA PACIFIC: MARKET, BY PRODUCT AND COUNTRY (2021)
FIGURE 23 ELECTROSURGICAL GENERATORS SEGMENT ACCOUNTED FOR LARGEST SHARE OF ASIA PACIFIC MARKET IN 2021
4.4 GLOBAL MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES
FIGURE 24 CHINA TO REGISTER HIGHEST GROWTH DURING FORECAST PERIOD
4.5 GLOBAL MARKET: DEVELOPED VS. DEVELOPING MARKETS
FIGURE 25 DEVELOPING MARKETS TO REGISTER HIGHER GROWTH RATE DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 70)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 26 ELECTROSURGERY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Growing prevalence of chronic diseases
FIGURE 27 PREVALENCE OF CHRONIC DISEASE-RELATED DEATHS IN DEVELOPED AND DEVELOPING COUNTRIES WORLDWIDE (2020)
5.2.1.2 Increasing demand for minimally invasive surgeries
TABLE 3 MINIMALLY INVASIVE SURGICAL PROCEDURES DATA, BY COUNTRY (2019)
5.2.1.3 Innovation and technological advancements in electrosurgical instruments
5.2.1.4 Increasing number of hospitals coupled with growing number of surgical procedures
TABLE 4 NUMBER OF SURGICAL PROCEDURES, BY COUNTRY, 2019
FIGURE 28 NUMBER OF HOSPITALS, BY COUNTRY (2014–2019)
FIGURE 29 NUMBER OF HOSPITALS, BY COUNTRY (2019)
5.2.1.5 Shifting preference toward outpatient surgeries in developed regions
FIGURE 30 US: NUMBER OF AMBULATORY SURGERY CENTERS (2012–2022)
5.2.2 RESTRAINTS
5.2.2.1 Risks associated with electrosurgical procedures
5.2.2.2 Stringent regulatory framework
5.2.2.3 Shortage of surgeons
5.2.3 OPPORTUNITIES
5.2.3.1 Emerging markets
TABLE 5 AVERAGE SURGICAL PROCEDURE COSTS (2021)
5.2.3.2 Rising government funding to develop advanced medical treatments
5.2.3.3 Expected increase in number of cosmetic and bariatric procedures due to growing obesity prevalence
5.2.4 CHALLENGES
5.2.4.1 Concerns regarding toxic fumes produced during surgical procedures
6 INDUSTRY INSIGHTS (Page No. - 81)
6.1 INDUSTRY TRENDS
6.1.1 NEW PRODUCT LAUNCHES AND STRATEGIC COLLABORATIONS
TABLE 6 RESEARCH AND DEVELOPMENT EXPENDITURE OF TOP PLAYERS (2021)
TABLE 7 KEY DEALS BY TOP PLAYERS
TABLE 8 KEY PRODUCT LAUNCHES BY TOP PLAYERS
6.1.2 INVENTION OF SMOKE EVACUATION PENCILS
6.1.3 ROBOTIC SURGERIES
6.2 ECOSYSTEM/MARKET MAP
FIGURE 31 ELECTROSURGERY MARKET ECOSYSTEM
6.3 PRICING ANALYSIS
6.3.1 PRICING ANALYSIS, BY PRODUCT
TABLE 9 PRICING ANALYSIS OF ELECTROSURGERY PRODUCTS (2021)
6.3.2 PRICING ANALYSIS, BY KEY PLAYER
TABLE 10 PRICING ANALYSIS OF ELECTROSURGICAL DEVICES OFFERED BY LEADING PLAYERS (USD)
6.4 PATENT ANALYSIS
6.4.1 PATENT PUBLICATION TRENDS FOR ELECTROSURGERY
FIGURE 32 PATENT PUBLICATION TRENDS (2011–2021)
6.4.2 JURISDICTION AND TOP APPLICANT ANALYSIS
FIGURE 33 TOP APPLICANTS AND OWNERS (COMPANIES/INSTITUTIONS) FOR ELECTROSURGERY PATENTS (JANUARY 2011–JUNE 2022)
6.5 VALUE CHAIN ANALYSIS
FIGURE 34 GLOBAL MARKET: VALUE CHAIN ANALYSIS
6.6 SUPPLY CHAIN ANALYSIS
FIGURE 35 SUPPLY CHAIN ANALYSIS
6.7 PORTER’S FIVE FORCES ANALYSIS
TABLE 11 ELECTROSURGERY MARKET: PORTER’S FIVE FORCES ANALYSIS
6.7.1 THREAT OF NEW ENTRANTS
6.7.1.1 Capital requirement
6.7.1.2 High preference for products from well-established brands
6.7.2 THREAT OF SUBSTITUTES
6.7.3 BARGAINING POWER OF SUPPLIERS
6.7.4 BARGAINING POWER OF BUYERS
6.7.4.1 Switching cost for buyers
6.7.4.2 Few companies offering premium products at global level
6.7.5 INTENSITY OF COMPETITIVE RIVALRY
6.7.5.1 Increasing demand for high-quality and innovative products
6.7.5.2 Lucrative growth potential in emerging markets
6.8 KEY STAKEHOLDERS AND BUYING CRITERIA
6.8.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 36 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR ELECTROSURGERY PRODUCTS
TABLE 12 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR ELECTROSURGERY PRODUCTS
6.8.2 BUYING CRITERIA
FIGURE 37 KEY BUYING CRITERIA FOR ELECTROSURGERY PRODUCTS
TABLE 13 KEY BUYING CRITERIA FOR ELECTROSURGERY PRODUCTS
6.9 KEY CONFERENCES AND EVENTS, 2022–2023
TABLE 14 GLOBAL MARKET: DETAILED LIST OF CONFERENCES AND EVENTS
6.10 TRENDS AND DISRUPTIONS AFFECTING CUSTOMERS’ BUSINESSES
FIGURE 38 ELECTROSURGERY MARKET: TRENDS AND DISRUPTIONS AFFECTING CUSTOMERS’ BUSINESSES
6.11 REGULATORY LANDSCAPE
6.11.1 NORTH AMERICA
6.11.1.1 US
6.11.1.2 Canada
6.11.2 EUROPE
6.11.3 ASIA PACIFIC
6.11.3.1 Japan
6.11.3.2 India
6.11.4 LATIN AMERICA
6.11.4.1 Brazil
6.11.4.2 Mexico
6.11.5 MIDDLE EAST
6.12 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 LATIN AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 19 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.13 TRADE ANALYSIS
6.13.1 TRADE ANALYSIS FOR ELECTROSURGERY
TABLE 20 TRADE ANALYSIS OF ELECTROSURGERY PRODUCTS
6.13.2 TRADE ANALYSIS FOR ELECTROSURGERY EQUIPMENT (2022)
6.14 COVID-19 IMPACT ON ELECTROSURGERY MARKET
7 ELECTROSURGERY MARKET, BY PRODUCT (Page No. - 100)
7.1 INTRODUCTION
TABLE 21 ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 22 GLOBAL MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
7.2 ELECTROSURGICAL INSTRUMENTS
TABLE 23 ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 24 ELECTROSURGICAL INSTRUMENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 25 ELECTROSURGICAL INSTRUMENTS MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 26 ELECTROSURGICAL INSTRUMENTS MARKET, BY END USER, 2020–2027 (USD MILLION)
7.2.1 BIPOLAR ELECTROSURGICAL INSTRUMENTS
TABLE 27 BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 28 BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 29 BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 30 BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY END USER, 2020–2027 (USD MILLION)
7.2.1.1 Advanced vessel-sealing instruments
7.2.1.1.1 Advanced vessel-sealing instruments segment to dominate bipolar instruments market
TABLE 31 ADVANCED VESSEL-SEALING INSTRUMENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 32 ADVANCED VESSEL-SEALING INSTRUMENTS MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 33 ADVANCED VESSEL-SEALING INSTRUMENTS MARKET, BY END USER, 2020–2027 (USD MILLION)
7.2.1.2 Bipolar forceps
7.2.1.2.1 Rising number of cosmetic procedures to drive segment growth
TABLE 34 BIPOLAR FORCEPS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 35 BIPOLAR FORCEPS MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 36 BIPOLAR FORCEPS MARKET, BY END USER, 2020–2027 (USD MILLION)
7.2.2 MONOPOLAR ELECTROSURGICAL INSTRUMENTS
TABLE 37 MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 38 MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 39 MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 40 MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY END USER, 2020–2027 (USD MILLION)
7.2.2.1 Electrosurgical pencils
7.2.2.1.1 Electrosurgical pencils segment to dominate monopolar instruments market
TABLE 41 ELECTROSURGICAL PENCILS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 42 ELECTROSURGICAL PENCILS MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 43 ELECTROSURGICAL PENCILS MARKET, BY END USER, 2020–2027 (USD MILLION)
7.2.2.2 Electrosurgical electrodes
7.2.2.2.1 Increasing demand for minimally invasive surgical procedures to drive segment growth
TABLE 44 ELECTROSURGICAL ELECTRODES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 45 ELECTROSURGICAL ELECTRODES MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 46 ELECTROSURGICAL ELECTRODES MARKET, BY END USER, 2020–2027 (USD MILLION)
7.2.2.3 Suction coagulators
7.2.2.3.1 Increasing demand for ENT surgical procedures to drive segment growth
TABLE 47 SUCTION COAGULATORS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 48 SUCTION COAGULATORS MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 49 SUCTION COAGULATORS MARKET, BY END USER, 2020–2027 (USD MILLION)
7.2.2.4 Monopolar forceps
7.2.2.4.1 Introduction of non-stick monopolar forceps to drive segment growth
TABLE 50 MONOPOLAR FORCEPS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 51 MONOPOLAR FORCEPS MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 52 MONOPOLAR FORCEPS MARKET, BY END USER, 2020–2027 (USD MILLION)
7.3 ELECTROSURGICAL GENERATORS
7.3.1 TECHNOLOGICAL ADVANCEMENTS IN ELECTROSURGICAL GENERATORS HAVE REDUCED INCIDENCE OF THERMAL INJURIES
TABLE 53 ELECTROSURGICAL GENERATORS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 54 ELECTROSURGICAL GENERATORS MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 55 ELECTROSURGICAL GENERATORS MARKET, BY END USER, 2020–2027 (USD MILLION)
7.4 ELECTROSURGICAL ACCESSORIES
TABLE 56 ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 57 ELECTROSURGICAL ACCESSORIES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
7.4.1 PATIENT RETURN ELECTRODES
7.4.1.1 Patient return electrodes segment to dominate electrosurgery accessories market
TABLE 58 PATIENT RETURN ELECTRODES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
7.4.2 CORDS, CABLES, AND ADAPTERS
7.4.2.1 Increasing adoption of electrosurgical instruments driving demand for these accessories
TABLE 59 CORDS, CABLES, AND ADAPTERS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
7.4.3 OTHER ELECTROSURGICAL ACCESSORIES
TABLE 60 OTHER ELECTROSURGICAL ACCESSORIES MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
7.5 SMOKE EVACUATION SYSTEMS
7.5.1 HIGH RISK OF FIRE AND EXPLOSION, CONTAMINATION, AND ELECTRIC MALFUNCTION TO LIMIT SEGMENT GROWTH
TABLE 61 SMOKE EVACUATION SYSTEMS MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 62 SMOKE EVACUATION SYSTEMS MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 63 SMOKE EVACUATION SYSTEMS MARKET, BY END USER, 2020–2027 (USD MILLION)
8 ELECTROSURGERY MARKET, BY SURGERY TYPE (Page No. - 133)
8.1 INTRODUCTION
TABLE 64 GLOBAL MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
8.2 GENERAL SURGERY
8.2.1 INCREASING NUMBER OF BARIATRIC SURGERIES TO DRIVE SEGMENT GROWTH
TABLE 65 GLOBAL MARKET FOR GENERAL SURGERY, BY COUNTRY, 2020–2027 (USD MILLION)
8.3 OBSTETRIC/GYNECOLOGICAL SURGERY
8.3.1 ADVANTAGES OFFERED BY ELECTROSURGERY IN OB/GYN PROCEDURES TO DRIVE SEGMENT GROWTH
TABLE 66 GLOBAL MARKET FOR OBSTETRIC/GYNECOLOGICAL SURGERY, BY COUNTRY, 2020–2027 (USD MILLION)
8.4 ORTHOPEDIC SURGERY
8.4.1 ORTHOPEDIC SURGERY SEGMENT TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
TABLE 67 GLOBAL MARKET FOR ORTHOPEDIC SURGERY, BY COUNTRY, 2020–2027 (USD MILLION)
8.5 CARDIOVASCULAR SURGERY
8.5.1 ELECTROSURGERY OFFERS BENEFITS SUCH AS PRECISE CUTS WITH LIMITED BLOOD LOSS IN CARDIOVASCULAR SURGERY
TABLE 68 ELECTROSURGERY MARKET FOR CARDIOVASCULAR SURGERY, BY COUNTRY, 2020–2027 (USD MILLION)
8.6 ONCOLOGICAL SURGERY
8.6.1 GROWING DEMAND FOR RADIOTHERAPY AND CHEMOTHERAPY TO AFFECT SEGMENT GROWTH
TABLE 69 GLOBAL MARKET FOR ONCOLOGICAL SURGERY, BY COUNTRY, 2020–2027 (USD MILLION)
8.7 COSMETIC SURGERY
8.7.1 RISK OF ELECTROSURGICAL BURNS TO HINDER SEGMENT GROWTH
TABLE 70 GLOBAL MARKET FOR COSMETIC SURGERY, BY COUNTRY, 2020–2027 (USD MILLION)
8.8 UROLOGICAL SURGERY
8.8.1 RISING INCIDENCE OF KIDNEY AND UROLOGICAL DISEASES TO DRIVE SEGMENT GROWTH
TABLE 71 GLOBAL MARKET FOR UROLOGICAL SURGERY, BY COUNTRY, 2020–2027 (USD MILLION)
8.9 NEUROSURGERY
8.9.1 INCREASING NUMBER OF PATIENTS SUFFERING FROM NEUROLOGICAL DISORDERS TO DRIVE SEGMENT GROWTH
TABLE 72 GLOBAL MARKET FOR NEUROSURGERY, BY COUNTRY, 2020–2027 (USD MILLION)
8.10 OTHER SURGERIES
TABLE 73 ELECTROSURGERY MARKET FOR OTHER SURGERIES, BY COUNTRY, 2020–2027 (USD MILLION)
9 ELECTROSURGERY MARKET, BY END USER (Page No. - 148)
9.1 INTRODUCTION
TABLE 74 GLOBAL MARKET, BY END USER, 2020–2027 (USD MILLION)
9.2 HOSPITALS, CLINICS, AND ABLATION CENTERS
9.2.1 HOSPITALS, CLINICS, AND ABLATION CENTERS ACCOUNTED FOR LARGEST SHARE OF MARKET IN 2021
TABLE 75 NUMBER OF HOSPITALS, BY COUNTRY, 2010–2020
TABLE 76 GLOBAL MARKET FOR HOSPITALS, CLINICS, AND ABLATION CENTERS, BY COUNTRY, 2020–2027 (USD MILLION)
9.3 AMBULATORY SURGICAL CENTERS
9.3.1 INCREASING NUMBER OF OUTPATIENT SURGERIES TO SUPPORT SEGMENT GROWTH
TABLE 77 GLOBAL MARKET FOR AMBULATORY SURGICAL CENTERS, BY COUNTRY, 2020–2027 (USD MILLION)
9.4 RESEARCH LABORATORIES AND ACADEMIC INSTITUTES
9.4.1 BUDGETARY RESTRICTIONS ARE LIMITING ADOPTION OF HIGH-END ELECTROSURGERY PRODUCTS AMONG RESEARCHERS
TABLE 78 GLOBAL MARKET FOR RESEARCH LABORATORIES AND ACADEMIC INSTITUTES, BY COUNTRY, 2020–2027 (USD MILLION)
10 ELECTROSURGERY MARKET, BY REGION (Page No. - 154)
10.1 INTRODUCTION
FIGURE 39 ELECTROSURGERY MARKET: REGIONAL SNAPSHOT
10.2 NORTH AMERICA
FIGURE 40 NORTH AMERICA: ELECTROSURGERY MARKET SNAPSHOT
TABLE 79 NORTH AMERICA: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 80 NORTH AMERICA: MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 81 NORTH AMERICA: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 82 NORTH AMERICA: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 83 NORTH AMERICA: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 84 NORTH AMERICA: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 85 NORTH AMERICA: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 86 NORTH AMERICA: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.2.1 US
10.2.1.1 US to dominate North American electrosurgery market during forecast period
TABLE 87 US: MOST FREQUENT AMBULATORY SURGICAL PROCEDURES PERFORMED IN HOSPITAL-OWNED FACILITIES, 2019
TABLE 88 US: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 89 US: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 90 US: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 91 US: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 92 US: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 93 US: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 94 US: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.2.2 CANADA
10.2.2.1 High patient wait times have negatively affected market growth
TABLE 95 CANADA: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 96 CANADA: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 97 CANADA: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 98 CANADA: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 99 CANADA: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 100 CANADA: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 101 CANADA: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.3 EUROPE
FIGURE 41 EUROPE: ELECTROSURGERY MARKET SNAPSHOT
TABLE 102 EUROPE: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 103 EUROPE: MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 104 EUROPE: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 105 EUROPE: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 106 EUROPE: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 107 EUROPE: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 108 EUROPE: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 109 EUROPE: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.3.1 GERMANY
10.3.1.1 Germany holds largest share of European market
TABLE 110 GERMANY: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 111 GERMANY: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 112 GERMANY: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 113 GERMANY: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 114 GERMANY: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 115 GERMANY: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 116 GERMANY: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.3.2 UK
10.3.2.1 Increasing surgical volumes and growing disease incidence will drive market growth in UK
TABLE 117 UK: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 118 UK: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 119 UK: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 120 UK: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 121 UK: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 122 UK: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 123 UK: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.3.3 FRANCE
10.3.3.1 Awareness initiatives and relatively low healthcare costs have supported market growth in France
TABLE 124 FRANCE: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 125 FRANCE: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 126 FRANCE: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 127 FRANCE: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 128 FRANCE: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 129 FRANCE: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 130 FRANCE: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.3.4 ITALY
10.3.4.1 Government pressure to reduce healthcare costs restraining market growth in Italy
TABLE 131 ITALY: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 132 ITALY: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 133 ITALY: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 134 ITALY: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 135 ITALY: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 136 ITALY: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 137 ITALY: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.3.5 SPAIN
10.3.5.1 Adoption of SPVATS and other electrosurgery devices increasing in Spain
TABLE 138 SPAIN: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 139 SPAIN: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 140 SPAIN: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 141 SPAIN: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 142 SPAIN: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 143 SPAIN: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 144 SPAIN: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.3.6 REST OF EUROPE
TABLE 145 ROE: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 146 ROE: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 147 ROE: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 148 ROE: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 149 ROE: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 150 ROE: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 151 ROE: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.4 ASIA PACIFIC
FIGURE 42 ASIA PACIFIC: ELECTROSURGERY MARKET SNAPSHOT
TABLE 152 ASIA PACIFIC: MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 153 ASIA PACIFIC: MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 154 ASIA PACIFIC: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 155 ASIA PACIFIC: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 156 ASIA PACIFIC: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 157 ASIA PACIFIC: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 158 ASIA PACIFIC: ELECTROSURGERY MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 159 ASIA PACIFIC: MARKET, BY END USER, 2020–2027 (USD MILLION)
10.4.1 CHINA
10.4.1.1 China dominates APAC electrosurgery market
TABLE 160 CHINA: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 161 CHINA: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 162 CHINA: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 163 CHINA: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 164 CHINA: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 165 CHINA: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 166 CHINA: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.4.2 JAPAN
10.4.2.1 Growing prevalence of chronic diseases to drive electrosurgery market in Japan
TABLE 167 JAPAN: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 168 JAPAN: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 169 JAPAN: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 170 JAPAN: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 171 JAPAN: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 172 JAPAN: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 173 JAPAN: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.4.3 INDIA
10.4.3.1 Growing medical tourism and low cost of surgeries are contributing to market growth in India
TABLE 174 INDIA: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 175 INDIA: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 176 INDIA: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 177 INDIA: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 178 INDIA: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 179 INDIA: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 180 INDIA: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.4.4 AUSTRALIA
10.4.4.1 Lack of surgeons in rural areas will adversely affect market growth
TABLE 181 AUSTRALIA: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 182 AUSTRALIA: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 183 AUSTRALIA: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 184 AUSTRALIA: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 185 AUSTRALIA: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 186 AUSTRALIA: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 187 AUSTRALIA: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.4.5 SOUTH KOREA
10.4.5.1 High cosmetic surgery volumes project strong demand for electrosurgical instruments
TABLE 188 SOUTH KOREA: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 189 SOUTH KOREA: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 190 SOUTH KOREA: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 191 SOUTH KOREA: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 192 SOUTH KOREA: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 193 SOUTH KOREA: MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 194 SOUTH KOREA: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.4.6 REST OF ASIA PACIFIC
TABLE 195 ROAPAC: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 196 ROAPAC: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 197 ROAPAC: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 198 ROAPAC: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 199 ROAPAC: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 200 ROAPAC: ELECTROSURGERY MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 201 ROAPAC: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.5 LATIN AMERICA
TABLE 202 LATIN AMERICA: ELECTROSURGERY MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
TABLE 203 LATIN AMERICA: MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 204 LATIN AMERICA: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 205 LATIN AMERICA: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 206 LATIN AMERICA: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 207 LATIN AMERICA: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 208 LATIN AMERICA: ELECTROSURGERY MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 209 LATIN AMERICA: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.5.1 BRAZIL
10.5.1.1 Brazil offers lucrative market opportunity for suppliers of electrosurgery products
TABLE 210 BRAZIL: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 211 BRAZIL: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 212 BRAZIL: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 213 BRAZIL: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 214 BRAZIL: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 215 BRAZIL: ELECTROSURGERY MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 216 BRAZIL: MARKET, BY END USER, 2020–2027 (USD MILLION)
10.5.2 MEXICO
10.5.2.1 Mexico is a hotspot for cosmetic surgery
TABLE 217 MEXICO: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 218 MEXICO: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 219 MEXICO: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 220 MEXICO: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 221 MEXICO: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 222 MEXICO: ELECTROSURGERY MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 223 MEXICO: ELECTROSURGERY MARKET, BY END USER, 2020–2027 (USD MILLION)
10.5.3 REST OF LATIN AMERICA
TABLE 224 ROLA: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 225 ROLA: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 226 ROLA: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 227 ROLA: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 228 ROLA: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 229 ROLA: ELECTROSURGERY MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 230 ROLA: MARKET, BY END USER, 2020–2027 (USD MILLION)
10.6 MIDDLE EAST & AFRICA
10.6.1 DESPITE POLITICAL INSTABILITY, MEA REMAINS A PROMISING REGION FOR MARKET PLAYERS
TABLE 231 MEA: ELECTROSURGERY MARKET, BY PRODUCT, 2020–2027 (USD MILLION)
TABLE 232 MEA: ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 233 MEA: BIPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 234 MEA: MONOPOLAR ELECTROSURGICAL INSTRUMENTS MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 235 MEA: ELECTROSURGICAL ACCESSORIES MARKET, BY TYPE, 2020–2027 (USD MILLION)
TABLE 236 MEA: ELECTROSURGERY MARKET, BY SURGERY TYPE, 2020–2027 (USD MILLION)
TABLE 237 MEA: MARKET, BY END USER, 2020–2027 (USD MILLION)
11 COMPETITIVE LANDSCAPE (Page No. - 238)
11.1 OVERVIEW
TABLE 238 KEY DEVELOPMENTS BY LEADING PLAYERS IN ELECTROSURGERY MARKET, JANUARY 2019–JUNE 2022
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
11.3 REVENUE SHARE ANALYSIS OF TOP MARKET PLAYERS
11.4 MARKET SHARE ANALYSIS
FIGURE 44 ELECTROSURGERY MARKET SHARE ANALYSIS, BY KEY PLAYER, 2021
TABLE 239 ELECTROSURGERY MARKET: DEGREE OF COMPETITION
11.5 COMPETITIVE LEADERSHIP MAPPING
11.5.1 STARS
11.5.2 EMERGING LEADERS
11.5.3 PERVASIVE PLAYERS
11.5.4 PARTICIPANTS
FIGURE 45 ELECTROSURGERY MARKET: COMPETITIVE LEADERSHIP MAPPING (2021)
11.6 COMPETITIVE LEADERSHIP MAPPING FOR START-UPS/SMES
11.6.1 PROGRESSIVE COMPANIES
11.6.2 STARTING BLOCKS
11.6.3 RESPONSIVE COMPANIES
11.6.4 DYNAMIC COMPANIES
FIGURE 46 ELECTROSURGERY MARKET: COMPETITIVE LEADERSHIP MAPPING FOR START-UPS/SMES (2021)
11.7 COMPETITIVE BENCHMARKING
TABLE 240 ELECTROSURGERY MARKET: DETAILED LIST OF KEY START-UPS/SMES
TABLE 241 ELECTROSURGERY MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS (START-UPS/SMES)
11.8 COMPANY FOOTPRINT
TABLE 242 ELECTROSURGERY MARKET, BY PRODUCT: COMPANY FOOTPRINT (KEY PLAYERS)
TABLE 243 ELECTROSURGERY MARKET, BY APPLICATION: COMPANY FOOTPRINT (KEY PLAYERS)
TABLE 244 ELECTROSURGERY MARKET, BY REGION: COMPANY FOOTPRINT (KEY PLAYERS)
11.9 COMPETITIVE SCENARIOS AND TRENDS
11.9.1 PRODUCT LAUNCHES
TABLE 245 ELECTROSURGERY MARKET: PRODUCT LAUNCHES
11.9.2 DEALS
TABLE 246 ELECTROSURGERY MARKET: KEY DEALS
11.9.3 OTHER DEVELOPMENTS
TABLE 247 ELECTROSURGERY MARKET: OTHER DEVELOPMENTS
12 COMPANY PROFILES (Page No. - 253)
12.1 KEY PLAYERS
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
12.1.1 MEDTRONIC PLC
TABLE 248 MEDTRONIC PLC: BUSINESS OVERVIEW
FIGURE 47 MEDTRONIC PLC: COMPANY SNAPSHOT (2021)
12.1.2 JOHNSON & JOHNSON (ETHICON)
TABLE 249 JOHNSON & JOHNSON: BUSINESS OVERVIEW
FIGURE 48 JOHNSON & JOHNSON, INC.: COMPANY SNAPSHOT (2021)
12.1.2.2 Products offered
12.1.3 OLYMPUS CORPORATION
TABLE 250 OLYMPUS CORPORATION: BUSINESS OVERVIEW
FIGURE 49 OLYMPUS CORPORATION: COMPANY SNAPSHOT (2021)
12.1.4 CONMED CORPORATION
TABLE 251 CONMED CORPORATION: BUSINESS OVERVIEW
FIGURE 50 CONMED CORPORATION: COMPANY SNAPSHOT (2021)
12.1.5 B. BRAUN MELSUNGEN
TABLE 252 B. BRAUN MELSUNGEN AG: BUSINESS OVERVIEW
FIGURE 51 B. BRAUN MELSUNGEN: COMPANY SNAPSHOT (2021)
12.2 OTHER PLAYERS
12.2.1 BOSTON SCIENTIFIC
TABLE 253 BOSTON SCIENTIFIC: BUSINESS OVERVIEW
FIGURE 52 BOSTON SCIENTIFIC: COMPANY SNAPSHOT (2021)
12.2.2 SMITH & NEPHEW PLC
TABLE 254 SMITH & NEPHEW PLC: BUSINESS OVERVIEW
FIGURE 53 SMITH & NEPHEW PLC: COMPANY SNAPSHOT (2021)
12.2.3 ERBE ELEKTROMEDIZIN GMBH
TABLE 255 ERBE ELEKTROMEDIZIN GMBH: BUSINESS OVERVIEW
12.2.4 KLS MARTIN
TABLE 256 KLS MARTIN: BUSINESS OVERVIEW
12.2.5 BOWA-ELECTRONIC GMBH & CO. KG
TABLE 257 BOWA-ELECTRONIC GMBH & CO. KG: BUSINESS OVERVIEW
12.2.6 THE COOPER COMPANIES, INC.
TABLE 258 THE COOPER COMPANIES, INC.: BUSINESS OVERVIEW
FIGURE 54 THE COOPER COMPANIES, INC.: COMPANY SNAPSHOT (2021)
12.2.7 KIRWAN SURGICAL PRODUCTS LLC
TABLE 259 KIRWAN SURGICAL PRODUCTS LLC: BUSINESS OVERVIEW
12.2.8 ZIMMER BIOMET HOLDINGS, INC.
TABLE 260 ZIMMER BIOMET HOLDINGS, INC.: BUSINESS OVERVIEW
FIGURE 55 ZIMMER BIOMET HOLDINGS, INC.: COMPANY SNAPSHOT (2021)
12.2.9 UTAH MEDICAL PRODUCTS, INC.
TABLE 261 UTAH MEDICAL PRODUCTS, INC.: BUSINESS OVERVIEW
FIGURE 56 UTAH MEDICAL PRODUCTS, INC.: COMPANY SNAPSHOT (2021)
12.2.10 ENCISION, INC.
TABLE 262 ENCISION, INC.: BUSINESS OVERVIEW
FIGURE 57 ENCISION: COMPANY SNAPSHOT (2021)
12.2.11 STRYKER CORPORATION
TABLE 263 STRYKER CORPORATION: BUSINESS OVERVIEW
FIGURE 58 STRYKER CORPORATION: COMPANY SNAPSHOT (2021)
12.2.12 MEYER-HAAKE GMBH MEDICAL INNOVATIONS
TABLE 264 MEYER-HAAKE GMBH MEDICAL INNOVATIONS: BUSINESS OVERVIEW
12.2.13 SURGICAL HOLDINGS
TABLE 265 SURGICAL HOLDINGS: BUSINESS OVERVIEW
12.2.14 I. C. MEDICAL, INC.
TABLE 266 I. C. MEDICAL, INC.: BUSINESS OVERVIEW
12.2.15 SYMMETRY SURGICAL INC.
12.2.16 APPLIED MEDICAL RESOURCES CORPORATION
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
13 APPENDIX (Page No. - 318)
13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 AVAILABLE CUSTOMIZATIONS
13.4 RELATED REPORTS
13.5 AUTHOR DETAILS
The report presents a detailed assessment of the electrosurgery market, along with qualitative inputs and insights from MarketsandMarkets. This research study involved the extensive use of both primary and secondary sources. Various factors affecting the industry were studied to identify segmentation types; industry trends; key players; the competitive landscape of the market; and key market dynamics (such as drivers, restraints, opportunities, and challenges)
The following illustrative figure shows the market research methodology applied in making this report on the electrosurgery market.
Secondary Research
This research study involved the use of widespread secondary sources; directories; databases such as D&B, Bloomberg Business, and Factiva; white papers; annual reports; and Companies’ House documents. Secondary research was used to identify and collect information for this extensive, technical, market-oriented, and commercial study of the electrosurgery market. It was also used to obtain important information about the top players, market classification and segmentation according to industry trends to the bottom-most level, geographic markets, technology perspectives, and key developments related to the market. A database of the key industry leaders was also prepared using secondary research.
Primary Research
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing and sales directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the electrosurgery market.
Market Size Estimation
The total size of the electrosurgery market was arrived at after data triangulation from different approaches, as mentioned below. After each approach, the weighted average of the approaches was taken based on the level of assumptions used in each approach.
Bottom-up Approach: Revenues of individual companies were gathered from public sources and databases. Shares of the electrosurgery equipement businesses of leading players were gathered from secondary sources to the extent available. In certain cases, the share of the business unit was ascertained after a detailed analysis of various parameters, including product portfolio, market positioning, selling price, and geographic reach and strength. Individual shares or revenue estimates were validated through expert interviews.
Country level Analysis: The size of the electrosurgery market was obtained from the annual presentations of leading players and secondary data available in the public domain. The share of products in the electrosurgery market was obtained from secondary data and validated by primary participants to arrive at the total electrosurgery market. Primary participants further validated the numbers.
Primary Interviews: As a part of the primary research process, individual respondent insights on the market size and growth were taken during the interview (regional and global, as applicable). All the responses were collated, and a weighted average was taken to derive a probabilistic estimate of the market size and growth rate.
Geographic market assessment (by region & country): The geographic assessment was conducted using the following approaches:
Approach 1: Geographic revenue contributions/splits of leading players in the market (wherever available) and the respective growth trends
Approach 2: Geographic adoption trends for individual product segments, by technology, and growth prospects for each segment (assumptions and indicative estimates validated from primary interviews)
At each point, assumptions and approaches were validated through industry experts contacted during primary research. Considering the limitations of data available from secondary research, revenue estimates for individual companies (for the overall electrosurgery market and geographic market assessment) were ascertained based on a detailed analysis of their respective product offerings, geographic reach/strength (direct or through distributors or suppliers), and shares of the leading players in a particular region or country.
Breakdown of Primary Interviews
A breakdown of the primary respondents for electrosurgery market (supply side) market is provided below:
To know about the assumptions considered for the study, download the pdf brochure
Data Triangulation
After arriving at the market size, the total market was divided into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable. The following figure shows the market validation, source structure, and data triangulation methodology implemented in this report’s market engineering process.
Approach to derive the market size and estimate market growth
The market share for leading players were ascertained after a detailed assessment of their revenues from the electrosurgery equipement business using secondary data available through paid and unpaid sources. Owing to data limitations, in certain cases, the revenue share was arrived at after a detailed assessment of the product portfolios of major companies and their respective sales performance. At each point, this data was validated through primary interviews with industry experts.
Objectives of the Study
- To define, describe, and forecast the electrosurgery market based on product, surgery type, end user, and region
- To provide detailed information regarding the major factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)
- To analyze the micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall electrosurgery market
- To analyze the opportunities for stakeholders and provide details of the competitive landscape for market leaders
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To forecast the size of the market segments with respect to five main regions, namely,
North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa - To profile the key players and analyse their market shares and core competencies2
- To track and analyse competitive developments such as product launches & approvals, partnerships, agreements, and collaborations in the overall electrosurgery market
- To benchmark players within the market using the proprietary “Competitive Leadership Mapping” framework, which analyses market players on various parameters within the broad categories of business and product strategy
Available customizations
With the given market data, MarketsandMarkets offers customizations as per your company’s specific needs. The following customization options are available for the report:
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolios of the top companies
Geographic Analysis
- Further breakdown of the Rest of Asia Pacific electrosurgery market into Singapore, New Zealand, and other countries
- Further breakdown of the Rest of Europe electrosurgery market into Belgium, Russia, the Netherlands, Switzerland, and other countries
- Further breakdown of the Rest of Latin America electrosurgery market into Argentina, Peru, and other countries
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Biggest customers of electrosurgical devices globally
The biggest customers of electrosurgical devices globally are healthcare facilities, including hospitals, ambulatory surgery centers, and clinics. Electrosurgical devices are used in a wide range of surgical procedures, including general surgery, gynecology, orthopedics, and dermatology, among others.
Hospitals are the largest customers of electrosurgical devices, accounting for the majority of the market share. This is due to the large volume of surgical procedures performed in hospitals and the need for advanced surgical equipment to ensure patient safety and successful outcomes.
Ambulatory surgery centers and clinics are also significant customers of electrosurgical devices, as they are increasingly performing more complex procedures that require advanced surgical equipment.
In addition to healthcare facilities, electrosurgical devices are also used by veterinarians for surgical procedures on animals. However, this represents a smaller market segment compared to human healthcare facilities.
Market outloook of electrosurgical devices market
The electrosurgical devices market is expected to experience significant growth in the coming years, driven by several factors such as the increasing number of surgical procedures, rising demand for minimally invasive surgeries, and technological advancements in electrosurgical devices.
The market is expected to grow at a CAGR of around 5-6% from 2021 to 2026, according to various market research reports. The increasing prevalence of chronic diseases and the aging population are expected to contribute to the growth of the market, as these factors are driving the demand for surgical procedures.
In addition, the adoption of minimally invasive surgeries is increasing due to their benefits over traditional open surgeries, including shorter hospital stays, reduced pain and scarring, and faster recovery times. This is driving the demand for advanced electrosurgical devices that can be used in minimally invasive procedures.
Technological advancements in electrosurgical devices, such as the development of advanced energy-based devices and the use of robotics in surgery, are also driving the growth of the market. These advancements are improving the safety and efficacy of electrosurgical procedures and are enabling surgeons to perform complex procedures with greater precision and accuracy.
However, there are also some challenges that could impact the growth of the market, such as the high cost of advanced electrosurgical devices, increasing competition from alternative surgical techniques, and the risk of complications associated with electrosurgery. Nonetheless, the overall outlook for the electrosurgical devices market remains positive, with strong demand expected to drive growth in the coming years.
Top buying criteria of customers buying electrosurgical devices
The top buying criteria of customers buying electrosurgical devices can vary depending on the specific needs and requirements of the customer. However, some of the most important buying criteria for electrosurgical devices are:
Safety: One of the most important criteria for customers when buying electrosurgical devices is safety. The devices must be designed to ensure patient safety and prevent complications such as burns or tissue damage.
Precision: Electrosurgical devices should be precise and accurate, allowing surgeons to perform delicate procedures with ease and minimize the risk of complications.
Reliability: Customers also look for electrosurgical devices that are reliable and consistent, ensuring that the devices can be used repeatedly without any issues.
Versatility: The ability to perform multiple procedures using a single device is also an important buying criterion for customers. Versatile electrosurgical devices can reduce costs and increase efficiency in the operating room.
Cost: Electrosurgical devices can be expensive, so cost is also an important factor for customers. Customers look for devices that offer good value for money and are affordable within their budget.
Compatibility: Compatibility with other surgical instruments and equipment is also an important buying criterion. Customers look for devices that can be easily integrated with their existing equipment and workflows.
Ease of use: Electrosurgical devices should be easy to use and intuitive, allowing surgeons to focus on the procedure rather than struggling with complex devices.
Support and service: Customers also look for companies that provide good customer support and after-sales service, including training and technical support.
Futuristic growth use-cases of electrosurgical devices Market
There are several futuristic growth use-cases of electrosurgical devices that are expected to drive the growth of the market in the coming years. Some of these use-cases are:
Robotic-assisted surgery: Robotic-assisted surgery is becoming increasingly popular, and electrosurgical devices are a crucial component of these systems. Electrosurgical devices with advanced energy sources and precision control can enable more accurate and efficient robotic-assisted surgeries.
Advanced energy sources: Electrosurgical devices with advanced energy sources, such as ultrasonic and plasma technology, are expected to become more popular in the future. These technologies can provide greater precision and control, enabling more complex surgical procedures with fewer complications.
Minimally invasive surgery: The trend towards minimally invasive surgery is expected to continue, and electrosurgical devices are a key component of these procedures. Electrosurgical devices that can be used in conjunction with minimally invasive techniques, such as laparoscopy and endoscopy, are expected to experience strong demand in the future.
Single-use electrosurgical devices: Single-use electrosurgical devices are becoming increasingly popular due to concerns about infection control and the cost-effectiveness of reusable devices. As a result, there is a growing demand for disposable electrosurgical devices that can be used for a single procedure and then safely discarded.
Customizable electrosurgical devices: Customizable electrosurgical devices are also expected to become more popular in the future. These devices can be tailored to the specific needs of the surgeon and the patient, providing greater precision and control in the surgical procedure.
Top players in electrosurgical devices Market
The electrosurgical devices market is highly competitive and is dominated by a few key players. Some of the top players in the electrosurgical devices market include:
- Medtronic plc
- Johnson & Johnson
- Olympus Corporation
- CONMED Corporation
- B. Braun Melsungen AG
- Boston Scientific Corporation
- Bovie Medical Corporation
- Erbe Elektromedizin GmbH
- Symmetry Surgical Inc.
- Ethicon US, LLC (a subsidiary of Johnson & Johnson)
These companies are involved in the manufacturing and distribution of a wide range of electrosurgical devices, including electrosurgical generators, electrosurgical instruments, and accessories. They have a strong presence in the global market and are constantly investing in research and development to develop innovative products that can meet the evolving needs of healthcare professionals and patients.
Industry impact of electrosurgical devices Market
The electrosurgical devices market has the potential to impact several industries in the future. Some of the industries that could be impacted by the growth of the electrosurgical devices market include:
Healthcare industry: The healthcare industry is expected to be the primary beneficiary of the electrosurgical devices market. Electrosurgical devices are widely used in a variety of surgical procedures, including general surgery, gynecology, urology, and neurology. The increasing adoption of these devices is expected to improve patient outcomes, reduce the length of hospital stays, and lower healthcare costs.
Medical device industry: The medical device industry is closely associated with the electrosurgical devices market. The growing demand for these devices is expected to drive the development of new and innovative products, leading to increased competition among manufacturers.
Robotics industry: The robotics industry is also expected to be impacted by the growth of the electrosurgical devices market. Robotic-assisted surgery is becoming increasingly popular, and electrosurgical devices are an essential component of these systems. The development of more advanced electrosurgical devices with precision control and energy sources is expected to enhance the capabilities of robotic-assisted surgery systems.
Disposable products industry: The demand for single-use electrosurgical devices is expected to grow in the future due to concerns about infection control and the cost-effectiveness of reusable devices. This trend is expected to impact the disposable products industry, as more manufacturers shift their focus to developing and manufacturing disposable electrosurgical devices.
Growth opportunities and latent adjacency in Electrosurgery Market